NOT LISTED FOR SALE

15 Main St Winchester, NH 03470

Estimated Value: $262,671

-- Bed
5 Baths
6,032 Sq Ft
$44/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $62,500 $10 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $2,006/month

80 Days on Market

About This Home

As of November 2021

SELLER FINANCING AVAILABLE! Attention rehabbers, Investors, contractors and builders! Diamond in the rough. Property had major fire damage and needs rehabbing. MAJOR PRICE IMPROVEMENT. Has HUGE potential to be a cash cow. Property before fire was bringing in $3600 per month and the rents were below market value. Property has potential to double that income. Great price and should move quickly. Rear of property already removed, slab revealed and ready for new construction of three more units.

Last Agent to Sell the Property

Daniel Rosa

Homes of New Hampshire Realty LLC License #050765 Listed on: 08/12/2021

Co-Listed By

Erin L. Adams

Checkmate Sales & Management LLC

Last Buyer's Agent

Michelle Lee

Harris Real Estate License #075362

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1850

Lot Details

  • 0.48 Acre Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 5 Full Bathrooms
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Parking

  • 1,120 Car Parking Spaces
  • Gravel Driveway
  • Dirt Driveway
  • Paved Parking

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 5 Units
  • 5 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 30

Property Details

Home Type

Apartment

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: Route 119 in Ashuelot NH, pass the covered bridge on your left, property on the right.
  • Footprint: 28x32 28X34 44X22
  • Assessment Amount: 139400
  • Assessment Year: 2020
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 10.36
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 8788
  • Sq Ft - Apx Total Finished: 6032
  • Year Built: 1850
  • Remarks Public: SELLER FINANCING AVAILABLE! Attention rehabbers, Investors, contractors and builders! Diamond in the rough. Property had major fire damage and needs rehabbing. MAJOR PRICE IMPROVEMENT. Has HUGE potential to be a cash cow. Property before fire was bringing in $3600 per month and the rents were below market value. Property has potential to double that income. Great price and should move quickly. Rear of property already removed, slab revealed and ready for new construction of three more units.
  • List Agent: 19619
  • L O1 Homesnapcom: Yes
  • L O2 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Crawl Space, Full
  • Sq Ft - Apx Finished AG: 6032
  • Sq Ft - Apx Unfinished BG: 2756

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel, Paved
  • Exterior: Clapboard, Wood Siding
  • Foundation: Block, Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle, Shingle - Architectural
  • Easements: Yes

Garage/Parking

  • Parking: Parking Spaces 11 - 20

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Tank
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Gas Heater
  • Total Electric Meters: 5
  • Total Gas Meters: 5
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Utilities: Cable

Schools

  • School District: Winchester School District

Lot Info

  • Map: 19
  • Lot: 30
  • Lot Sq Ft: 20909
  • Lot Acres: 0.48
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: CENTRA
  • Deed Book: 2397
  • Deed Page: 820
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 4011
  • Tax Year: 2020

MLS Schools

  • School District: Winchester School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2009
Sold by
Obin Thomas A and Obin Darlene M
Bought by
Morehouse Paul A
Current Estimated Value
$262,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,925
Outstanding Balance
$60,125
Interest Rate
5%
Mortgage Type
Commercial
Estimated Equity
$204,566

Purchase Details

Closed on
Aug 22, 2005
Sold by
Lingham Robert M and Lingham Gail S
Bought by
Obin Thomas A and Obin Darlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2004
Sold by
Derosier Michael L
Bought by
Lingham Robert M and Lingham Gail S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 1999
Sold by
Guyer Brenda
Bought by
Hill Larry R and Hill Deborah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 1999
Sold by
Nhfa
Bought by
Derosier Michael L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morehouse Paul A $119,900 --
Obin Thomas A $160,000 --
Lingham Robert M $69,900 --
Hill Larry R $85,000 --
Derosier Michael L $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derosier Michael L $89,925
Previous Owner Derosier Michael L $100,000
Previous Owner Derosier Michael L $55,920
Previous Owner Derosier Michael L $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $62,500 -16.7% $10 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/14/2021 10/14/21 Price Changed $75,000 -24.2% $12 / Sq Ft
10/02/2021 10/02/21 Price Changed $99,000 -20.8% $16 / Sq Ft
08/12/2021 08/12/21 For Sale $125,000 -- $21 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,818 $233,100 $38,400 $194,700
2023 $7,385 $233,100 $38,400 $194,700
2022 $6,690 $233,100 $38,400 $194,700
2021 $7,410 $233,100 $38,400 $194,700
2020 $4,852 $233,100 $38,400 $194,700
2019 $7,648 $214,600 $44,300 $170,300
2018 $4,477 $214,600 $44,300 $170,300
2016 $6,552 $214,600 $44,300 $170,300
2015 $7,199 $235,400 $65,100 $170,300
2014 $7,061 $230,900 $52,300 $178,600
2013 $4,858 $158,100 $52,300 $105,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4877266

PrimeMLS

APN: WNCH-000025-000025